Bogota Financial Corp. achieved net income of $680,000 ($0.05 per share) for the quarter ended December 31, 2025, reversing a $930,000 loss in the prior year period. For the full year, net income reached $2.1 million ($0.17 per share), compared with a $2.2 million loss in 2024, driven by higher interest income and lower funding costs.

Total assets decreased by $66.7 million, or 6.9%, to $904.9 million, as cash and cash equivalents fell 31.8% to $35.6 million and net loans declined 9.0% to $647.6 million. Securities available for sale increased 12.7% to $158.1 million with yields rising 143 basis points to 5.31%, while deposit balances edged up 1.6% to $652.4 million at an average cost of 3.30%.

The company reduced Federal Home Loan Bank advances by 45.8% to $93.3 million and repurchased 76,673 common shares at a total cost of $656,000 under its existing buyback program, which allows for up to 237,950 shares. The decrease in wholesale funding and share repurchases reflect a focus on capital management and shareholder returns.

Leadership plans to open a new branch in Central/Southern New Jersey in early summer 2026 to support loan growth and customer expansion. Management remains focused on leveraging improved asset yields, disciplined expense control and strategic investments to sustain profitability and long-term shareholder value.